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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

Source Node: https://news.bitcoin.com/kazakhstan-is-stabilizing-government-claims-as-crypto-miners-look-to-future-in-country/
Time Stamp: January 10, 2022 12:30 PM - Modified On: January 10, 2022 - Published By:
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The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

Binance integrates Ethereum Layer 2 scaling solution, Arbitrum One

Source Node: https://ambcrypto.com/binance-integrates-ethereum-layer-2-scaling-solution-arbitrum-one/
Time Stamp: November 19, 2021 11:30 PM - Modified On: November 19, 2021 - Published By:
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Arbitrum One core network has now been fully integrated by Binance, the cryptocurrency firm announced earlier today. This has paved the way for Ether withdrawals on Arbitrum One Layer 2, which is a scaling solution for the Ethereum network. Arbitrum One is the beta mainnet of a layer-2 optimistic rollup protocol that enables off-chain Ethereum transactions that are faster and cheaper as compared to the Ethereum mainnet. Binance users can now deposit all ERC-20 tokens from the Ethereum network, with the Arbitrum side chain at lower costs, and all users

Liquid Craft to Launch 1500 Liquor Backed NFTs on ETH and BSC 23rd Nov

Source Node: https://news.bitcoin.com/liquid-craft-to-launch-1500-liquor-backed-nfts-on-eth-and-bsc-23rd-nov/
Time Stamp: November 19, 2021 9:00 AM - Modified On: November 19, 2021 - Published By:
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press release PRESS RELEASE. Liquid Craft – is bringing a new concept to the NFT space by using collectible handcrafted bottles of Liquor to add value to their digital art pieces. Their first series Dragons and Bourbon is launching for pre-sale on Nov 20th at 12 PM PST with the public sale going live on Nov 23rd at 12 PM PST. Liquid Craft is aiming to bring innovation to two markets simultaneously with this release as well as their upcoming NFT marketplace. The NFTs are all backed by collectible bottles

Several Altcoins Reach New All-Time Highs – Biggest Weekly Gainers

Source Node: https://beincrypto.com/several-altcoins-reach-new-all-time-highs-biggest-weekly-gainers/
Time Stamp: November 19, 2021 7:40 AM - Modified On: November 19, 2021 - Published By:
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BeInCrypto takes a look at the seven altcoins that increased the most during last week, specifically from Nov 12-19.Sponsored Sponsored These altcoins are: WAX (WAXP) : 67.30% The Sandbox (SAND) : 62.80% Crypto.com Coin (CRO) : 49.40% Avalanche (AVAX) : 28.60% Decentraland (MANA) : 26.78% IoTeX (IOTX) : 16.45% Enjin Coin (ENJ) : 6.73% WAXP WAXP has been moving upwards at an accelerated rate since November 11, when it bounced at the previous all-time high resistance at $0.48. In a span of only six days, WAXP increased by 106%. This

IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions

Source Node: https://beincrypto.com/irs-seized-3-5-billion-in-crypto-this-year-expects-further-billions/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021.Sponsored Sponsored According to the latest IRS criminal investigation report, this figure represents 93% of assets seized by tax enforcement over the past year. The tax collection agency believes that it could seize further billions in crypto from tax fraud and other crimes over the coming year.Sponsored Sponsored “I expect a trend of crypto seizures to continue as we move forward into fiscal year ‘22,” said IRS Criminal Investigation Chief Jim Lee. “We’re

This Country is promoting Crypto businesses, but here is the Catch

Source Node: https://coingape.com/this-country-is-promoting-crypto-businesses-while-imposing-strict-regulations-and-hefty-taxes/
Time Stamp: November 19, 2021 4:14 AM - Modified On: November 19, 2021 - Published By:
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The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining

Bitcoin Cash Falls above Historical Price Level May Hold Above $572 Support

Source Node: https://coinidol.com/bitcoin-cash-572-support/
Time Stamp: November 18, 2021 5:03 AM - Modified On: November 18, 2021 - Published By:
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Nov 18, 2021 at 10:03 // News The price of Bitcoin Cash (BCH) is in a downward correction as the price falls below the moving averages. Today, the cryptocurrency fell from the high of $720 to the low of $572. Currently, altcoin is moving above the current support of $572, which is a historical price level from October 11. In previous price action, BCH consolidated above current support to resume upward momentum. If BCH holds above current support, the market will also rise above the moving averages before retesting the

Cardano Hovers above $1.80 Support as ADA Reaches Oversold Region

Source Node: https://coinidol.com/cardano-1-80-support/
Time Stamp: November 17, 2021 7:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 12:00 // News The price of Cardano (ADA) has fallen below its moving averages, indicating further downside for the cryptocurrency. At the time of writing, Cardano is trading at $1.82. Today, ADA/USD is falling to the downside. If the price breaks below the support of $1.80 and the downward momentum continues, the market will fall to a low of $1.40. If current support holds against it, ADA will oscillate between the $1.80 and $2.40 price levels. The overriding resistance at $2.40 has not been breached since

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

Source Node: https://beincrypto.com/sandbox-sand-all-time-high-multi-coin-analysis/
Time Stamp: November 17, 2021 6:47 AM - Modified On: November 17, 2021 - Published By:
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BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Weekly Cryptocurrency Market Analysis: Altcoins Fail to Sustain Recent Rallies, Lose Strength on Bear Market

Source Node: https://coinidol.com/altcoins-lose-strength/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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Nov 17, 2021 at 11:00 // News Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October's bullish gains and became the biggest loser of the last 7 days. OMG Network Since October 4, OMG Network (OMG) has been trading below the overhead resistance of $18. On November 4, buyers pushed the altcoin to retest the overhead resistance. The cryptocurrency formed a bearish double top that led to a downside move. The selling pressure erased the bullish gains from October.

Bitcoin (BTC) Slumps Below $60,000 As Selling Pressure Intensifies

Source Node: https://beincrypto.com/bitcoin-btc-slumps-below-60000-selling-pressure-intensifies/
Time Stamp: November 17, 2021 2:17 AM - Modified On: November 17, 2021 - Published By:
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Bitcoin (BTC) decreased considerably on Nov 16 and is in process of breaking down from a short-term corrective pattern, which could further intensify the downward movement.Sponsored Sponsored BTC has been falling since Nov 10 after it reached an all-time high price of $69,000. The downward move was preceded by bearish divergence in both the MACD and RSI. This is a bearish sign that often kicks off bearish trend reversals. BTC has already touched the first support area at $57,850. This is the short-term 0.382 Fib retracement support level. Sponsored Sponsored However,

Loopring CEO Moves 61.3 Million LRC, Triggering GameStop NFT Speculation

Source Node: https://beincrypto.com/loopring-ceo-lrc-gamestop-nft-speculation/
Time Stamp: November 17, 2021 1:50 AM - Modified On: November 17, 2021 - Published By:
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On Nov 16, a transaction of 61.3 million LRC being moved to layer 2 occurred on the Loopring network. The Crypto community speculates that this could be a move to support a forthcoming GameStop NFT marketplace.Sponsored Sponsored Investors and market speculators are having a field day after a recent Loopring transaction has them thinking that it could be related to a GameStop (GME) float. On Nov 16, a deposit of 61.3 million LRC, worth $164.8 million, on the Loopring Exchange occurred. The assets were also moved from layer 1 to